Shortfall Could Be Even Greater If IMF's Outlook Is Optimistic

Greece faces an additional financing shortfall of nearly €11 billion ($14.6 billion) by the end of 2015, the International Monetary Fund said on Wednesday, warning that the gap could be bigger if growth falls short of estimates.

That figure is higher than earlier euro-zone projections, and combined with the IMF's estimate of the amount of debt relief Athens needs, would force Europe to cover any extra financing needed to keep Greece...